Explain Affective and Cognitive Forms of Interpersonal Trusts as Discussed

question 45

Essay

Explain affective and cognitive forms of interpersonal trusts as discussed by McAllister.

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Definitions:

Date of Record

The date of record is a cut-off date set by a corporation to determine which shareholders are eligible to receive a dividend or distribution.

Liability

An obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer of assets, provision of services, or other yielding of economic benefits in the future.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a certificate or instrument.

Legal Capital

The minimum amount of equity that a company must maintain to protect creditors, as required by law.